Compare Articles Reports Glossary Complaints

ICICIdirect Vs HDFC Securities (Compare ICICIdirect and HDFC Securities)

About ICICIdirect
ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include equity, commodity, and currency trading at BSE, NSE, and MCX. The company also offers Mutual Fund & IPO, Fixed deposits, Bond, NCD, wealth products, Home Loans, Loans against Securities, etc. ICICIdirect's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI Tr...

ICICIdirect Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About HDFC Securities
HDFC Securities(HDFCsec) is Equity Trading Company of HDFC Bank. HDFC Securities provide both online trading and trading on phone. The HDFC Securities trading account has a unique 3-in-1 feature that integrates your HDFC Securities trading account with your existing HDFC bank savings account and existing Demat account. Funds / shares are seamlessly moved from the linked Demat/Bank account to execute the transactions. HDFCsec provides Cash-n-Carry on both NSE and BSE, Day trading on both NSE and...

HDFC Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

ICICIdirect Vs HDFC Securities

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India.

	ICICIdirect	HDFC Securities
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE	BSE, NSE
Year of Incorporation	2000	2002
Number of Branches	154	270
	Open ICICIdirect Account	Enquire HDFC Securities

ICICIdirect Vs HDFC Securities Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while HDFC Securities account opening changes is Rs 999. ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and HDFC Securities Demat Account AMC Charges is Rs 750.

	ICICIdirect	HDFC Securities
Trading Account Opening Charges	Rs 0 (Free)	Rs 999
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 300 (from 2nd year)	Rs 750

ICICIdirect Vs HDFC Securities Brokerage

ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05%.

Account Type	ICICIdirect ICICI Neo Plan	HDFC Securities Online Trading
Fixed Charges	NA	NA
Equity Delivery	0.55%	0.50%
Equity Intraday	Rs 20 per order	0.05%
Equity Futures	Rs 0 (Free)	0.05%
Equity Options	Rs 20 per order	Rs 100 per lot or 1% of the premium (whichever is higher)
Currency Futures	Rs 20 per order	Rs 23 per contract
Currency Options	Rs 20 per order	Rs 20 per contract
Commodity Futures	Rs 20 per order	0.02% for Intraday / 0.025% for positional
Commodity Options	Rs 20 per order	0.02% for Intraday / 0.025% for positional
Special Offer	Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 30 minutes from sell orders + Free trading tips. Open Instant Account Now	Special Offer: Rs 750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.

ICICIdirect Vs HDFC Securities Brokerage Plan 2

	ICICIdirect	HDFC Securities
Account Type	I-Secure Plan	Online Trading
Fixed Charges	NA	NA
Equity Delivery	0.55%	0.50%
Equity Intraday	0.275%	0.05%
Equity Futures	0.05%	0.05%
Equity Options	Rs 95 per lot	Rs 100 per lot or 1% of the premium (whichever is higher)
Currency Futures	Rs 20 per order	Rs 23 per contract
Currency Options	Rs 20 per order	Rs 20 per contract
Commodity Futures	Rs 20 per order	0.02% for Intraday / 0.025% for positional
Commodity Options	Rs 20 per order	0.02% for Intraday / 0.025% for positional
	Open ICICIdirect Account	Enquire HDFC Securities

ICICIdirect Charges Vs HDFC Securities

Minimum Brokerage	Rs 35 per trade (I-Secure Plan)	Rs 25 plus taxes
Other Charges	Margin Trading Interest: 0.025% Per day
Call & Trade Charges	Rs 50 per trade	Rs 0

ICICIdirect Vs HDFC Securities Transaction Charges

ICICIdirect transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while HDFC Securities exchange transaction charges for options is 0.050% (on premium).

	ICICIdirect	HDFC Securities
Equity Delivery	NSE Rs 310 per Cr (0.0031%) \| BSE Rs 280 per Cr (0.0028%) (each side)	0.00325%
Equity Intraday	NSE Rs 310 per Cr (0.0031%) \| BSE Rs 280 per Cr (0.0028%) (each side)	0.00325%
Equity Futures	Rs 180 per Cr (0.0018%)	.00190%
Equity Options	Rs 5000 per Cr (0.05%) (on premium)	0.050% (on premium)
Currency Futures	Rs 120 per Cr (0.0012%)	0.00110%
Currency Options	Rs 5000 per Cr (0.05%) (on premium)	0.040% (on premium)
Commodity	Group A - Rs 260 per Cr (0.0026%)	NA
	Open ICICIdirect Account	Enquire HDFC Securities

ICICIdirect Vs HDFC Securities Leverage (Margin)

ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the HDFC Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	ICICIdirect	HDFC Securities
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
	Open ICICIdirect Account	Enquire HDFC Securities

Compare ICICIdirect and HDFC Securities Features

The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. HDFC Securities offers ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify trading software.

	ICICIdirect	HDFC Securities
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App	ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify
Intraday Square-off Time	3:30 PM	3:30 PM
Other Features	Bullet Trading, Can trade in 32 exchanges through Saxo Trader	E-Margin, ENCASH,
Referral Program
	Open ICICIdirect Account	Enquire HDFC Securities

ICICIdirect Vs HDFC Securities Review

ICICIdirect is rated 2.4 of 5 based on 460 customer reviews whereas HDFC Securities is rated 2.2 of 5 based on 214 customer reviews.

	ICICIdirect	HDFC Securities
	460 Customer Reviews	214 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICIdirect is rated 2.4 of 5 based on 460 customer reviews	HDFC Securities is rated 2.2 of 5 based on 214 customer reviews

Contact Broker / Request A Call Back

	ICICIdirect Enquire	HDFC Securities Enquire
Contact Broker	ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 30 minutes from sell orders + Free trading tips. Open Instant Account Now	Rs 750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback. Name Phone # Email City Name State Are you a day trader?

ICICIdirect Vs HDFC Securities Investment Options

	ICICIdirect	HDFC Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS	Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading

ICICIdirect Vs HDFC Securities Order Type Offered

	ICICIdirect	HDFC Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open ICICIdirect Account	Enquire HDFC Securities

ICICIdirect Vs HDFC Securities Research Report

	ICICIdirect	HDFC Securities
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

ICICIdirect Vs HDFC Securities Suitable For Investor Type

	ICICIdirect	HDFC Securities
Casual Investor
Active Investor
Trader

ICICIdirect Vs HDFC Securities - Pros and Cons

	ICICIdirect	HDFC Securities
Pros	Offers 3-in-1 account which makes stock market investment very easy for casual investors. Wide range of investment options available under one portal. Provides a low bandwidth website which works well where internet connection is slow. GTC (good till cancellation) and off-market hours order placement facility is very useful.	The 3-in-1 account, which includes HDFC Bank Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the best offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments.
Cons	ICICI Security charges highest brokerage in comparison to most of the retail brokers in India. Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower. Poor performance of website is reported in peak hours of trading. Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750. Demat Account is mandatory. Call & trade cost extra Rs 50 per trade in Neo/Prime Plans.	In addition to opening a trading account with HDFC Securities Ltd, you will also be required to open a savings bank account (quarterly minimum balance of Rs 5000) and a DP (depository participant) account with HDFC Bank. Very high brokerage charges Charge minimum brokerage of Rs 25
Reviews
Promo / Offers	ICICIdirect Neo Plan (Discount Brokerage) Open a 3-in-1 account with Neo Plan for: Free Account Opening Brokerage-Free Equity Futures trading Flat Rs. 20 per trade brokerage in Options, Currency F&O and Commodity futures in BSE, NSE and MCX Free trading tips Get funds in your bank account in just 30 minutes of selling stocks Interested in opening a trading account? Open Instant Account Now	HDFC 3-in-1 Account HDFC Securities offers a full-service 3-in-1 account, a combination of saving bank, trading and demat account. One account to investment in Equity, Derivatives, Mutual Funds, IPO and Fixed Deposits. Special Offer: Rs 750 demat account AMC is waived when you open your 3-in-1 account. Interested in opening a trading account? Request Callback from a stock broker.
	Open ICICIdirect Account	Enquire HDFC Securities

Comments

Add a public comment...

Compare ICICIdirect	Compare HDFC Securities
ICICIdirect Vs Zerodha ICICIdirect Vs Sharekhan ICICIdirect Vs AxisDirect ICICIdirect Vs Angel Broking ICICIdirect Vs Kotak Securities ICICIdirect Vs Motilal Oswal ICICIdirect Vs Stoxkart ICICIdirect Vs Groww ICICIdirect Vs Dhani Stocks ICICIdirect Vs IIFL Securities ICICIdirect Vs SBI Securities ICICIdirect Vs Geojit ICICIdirect Vs Religare ICICIdirect Vs Edelweiss ICICIdirect Vs SMC Global ICICIdirect Vs Nirmal Bang ICICIdirect Vs 5paisa ICICIdirect Vs Ventura ICICIdirect Vs Upstox ICICIdirect Vs Anand Rathi ICICIdirect Vs Master Trust ICICIdirect Vs Indiabulls ICICIdirect Vs Aditya Birla Money ICICIdirect Vs Bonanza ICICIdirect Vs SAMCO ICICIdirect Vs Tradingo ICICIdirect Vs IDBI Capital ICICIdirect Vs TradeSmart ICICIdirect Vs SAS Online ICICIdirect Vs iTradeOnline ICICIdirect Vs RK Global ICICIdirect Vs Tradeplus ICICIdirect Vs Tradejini ICICIdirect Vs Alice Blue ICICIdirect Vs Wisdom Capital ICICIdirect Vs Fyers ICICIdirect Vs Finvasia ICICIdirect Vs Prostocks ICICIdirect Vs RMoney ICICIdirect Vs Beeline ICICIdirect Vs Just Trade ICICIdirect Vs Achiievers ICICIdirect Vs Trustline ICICIdirect Vs Choice Broking ICICIdirect Vs GCL Securities ICICIdirect Vs Yes Securities ICICIdirect Vs Indira Securities ICICIdirect Vs Paytm Money	HDFC Securities Vs Zerodha HDFC Securities Vs Sharekhan HDFC Securities Vs AxisDirect HDFC Securities Vs Angel Broking HDFC Securities Vs Kotak Securities HDFC Securities Vs Motilal Oswal HDFC Securities Vs Stoxkart HDFC Securities Vs Groww HDFC Securities Vs Dhani Stocks HDFC Securities Vs IIFL Securities HDFC Securities Vs SBI Securities HDFC Securities Vs Geojit HDFC Securities Vs Religare HDFC Securities Vs Edelweiss HDFC Securities Vs SMC Global HDFC Securities Vs Nirmal Bang HDFC Securities Vs 5paisa HDFC Securities Vs Ventura HDFC Securities Vs Upstox HDFC Securities Vs Anand Rathi HDFC Securities Vs Master Trust HDFC Securities Vs Indiabulls HDFC Securities Vs Aditya Birla Money HDFC Securities Vs Bonanza HDFC Securities Vs SAMCO HDFC Securities Vs Tradingo HDFC Securities Vs IDBI Capital HDFC Securities Vs TradeSmart HDFC Securities Vs SAS Online HDFC Securities Vs iTradeOnline HDFC Securities Vs RK Global HDFC Securities Vs Tradeplus HDFC Securities Vs Tradejini HDFC Securities Vs Alice Blue HDFC Securities Vs Wisdom Capital HDFC Securities Vs Fyers HDFC Securities Vs Finvasia HDFC Securities Vs Prostocks HDFC Securities Vs RMoney HDFC Securities Vs Beeline HDFC Securities Vs Just Trade HDFC Securities Vs Achiievers HDFC Securities Vs Trustline HDFC Securities Vs Choice Broking HDFC Securities Vs GCL Securities HDFC Securities Vs Yes Securities HDFC Securities Vs Indira Securities HDFC Securities Vs Paytm Money

Compare ICICIdirect

Compare HDFC Securities